Summary
- The UAE's gambling regulator has issued a Tier 1 supplier license to Novomatic.
- The company is the second supplier to receive permission after Aristocrat.
- Novomatic celebrates this license as an important milestone in its international strategy.
The United Arab Emirates is progressively advancing its gambling market, beginning with the issuance of a license to The Game LLC, the country's official lottery operator, in July 2024. Additionally, Wynn Resorts has received approval to construct the Middle East's first casino resort, the Al Marjan Island project, in Ras Al Khaimah.
Novomatic only second slot machine supplier to have a license for now
Novomatic has recently become the latest supplier in the industry to secure a license from the General Commercial Gaming Regulatory Authority (GCGRA). This license enables the company to expand its market presence and anticipates further significant developments in the future. Stefan Krenn, a Member of Novomatic's Executive Board, expressed his satisfaction with acquiring the Tier 1 Gaming Related Vendor License, noting it as a major milestone for the company.
UAE continues to draw suppliers and specialized companies
Novomatic has recently joined the ranks of companies securing licenses in the country, alongside Aristocrat, which was the first slot machine supplier to do so. Xpoint, a specialist in geolocation, has also successfully obtained a license. The Game LLC has partnered with Xpoint to leverage its expertise in geolocation, enhancing player protection and improving the company’s overall position in the market.
